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20121228
20121228
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leaders. the full senate reconvened today. the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who h
now before the end of the year. the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you know what is happening at the meeting. if the president calls congressional leader to the white house it's all political theater or they have a deal. my bet it's all political theater. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives to get what they
for the people of hawaii, every single day that he lived, in public service. his love of the state and every hawaiian was so abundantly clear through his massive list of accomplishments, overwhelming list of accomplishments, since hawaii became a state, dan had been working for it as the first congressman ever elected by that state, and only the third senator, and his efforts are clear in his state's roads, bridges, airports, schools, military bases, health care, oceans and almost every aspect of american life that reached to the islands. he played a truly momentous role in making hawaii what it is today. dan and i worked together on the commerce committee for 27 years. i was always -- felt very close to him, i remember sitting with him quietly, maybe sharing a joke when i was lucky enough to be sitting beside him. but most often just listening. he was thinking, waiting for discussion to ripen. he never once spoke just for the sake of it. yet when he did speak, watch out. i watched him a number of times, which i could well recite, when he took an argument that the commerce committee had let
am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative. it is being operated with a dictatorship of the speaker not allowing the vast majority of the house and representatives to get what they want. >> that sounds ridiculous f. it was a dictatorship boehner would have gotten that vote and he couldn' get the vote. what we should do honestly guys, is swan dive ov the fiscal cliff. let president obama own the fiscal cliff. it should be called the obama cliff. >> julia: people know how much they would have to pay. folks on the man on the street interviews . people are looking at the numbers going what. >> kelly: in today's meeting should be a crucial meet the white house s
in places like california and hawaii because of land use laws from the 1960's. second, if you look to the community reinvestment act, if you think that is the cause of the bubble, you have to explain why there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you. host: you conclude the book with "home ownership is not just an american dream, a dream of people all over the world. guest: that is absolutely right. a lot of research has shown that homeownership is one way to help people get out of poverty. if you want to start a small business, it turns out most are started with a loan on a business owner's home. if you want to put your kids through college, you can borrow against your home. homeownership is a way to build wealth. yet we have government saying we should get more people into apartments, fewer people into cinder the -- single-family homes. host: what is the track over l
both be blamed for. that's why we have the president flying back from hawaii. that's why we have republicans coming in on sunday even though neither side expects it to change any. the great line in this story, the talking bint it they have is the lines of communication remain open, but all are reporting that the lines of communication may remain open but they're not saying anything. they're negotiating out loud. it's like when you send an e-mail and put your boss on it or copy the whole office. you're not trying to persuade but make your point. >> i'll never do that. richard wolf, are you still awake down there. >> i am. i go to starbucks. >> let me ask you this unearned sense of optimism that seeps out between talk of going over the cliff. we'll go over the cliff but get a deal done within the next two weeks after january 1st. why am i thinking maybe they won't get a deal done? >> right. why? because you watched these idiots try to come up with a deal sore. they didn't have an agreement with the recovery act and republicans didn't want to step up then. we're talking about two se
Search Results 0 to 5 of about 6